| TNA latest price $43.1900 (4.65%) ($40.3700 - $44.2800) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 70 |
Latest Price | $43.1900(4.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 3.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWN(99%) IWO(98%) IWC(89%) IWD(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.345% in a week (0% probabilities). VIXM(-52%) UUP(-21%) VXX(-17%) SHY(-15%) TBT(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.345% (StdDev 4.69%) |
Hourly BBV | 2.8 () |
Intraday Trend | 5.3% |
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